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current ratio? asked on 30/7/09

Answer Posted / saranya.r.v.n.a

current ratio = Current assets /Current Liabilities
Where
Current aSSETS =CASH+BANK+MARKETABLESECURITIE
S +RECEIVABLES+PREPAID EXPENSES


CURRENT LIABILITIES= PAYABLES+OUTSTANDING EXPENSES+
S SHORT TERM BORROWINGS


IDEL CURRENT RATIO=2:1

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